We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks
Square, Inc. (SQ)
An SI Board Since June 2019
Posts SubjectMarks Bans Symbol
44 11 0 SQ
Emcee:  AmigaComputer Type:  Unmoderated
Square (stock symbol: SQ) completed its initial public offering on November 19, 2015 on the New York Stock Exchange where it raised gross proceeds of $243 million.

Square is distinctively recognized by their ubiquitous credit card readers that plug directly into mobile phones and tablet devices. They started out as a payment processor platform helping to bridge the gap for non-cash payments at small and medium sized brick-and-mortar retailers so these shops could better compete with larger stores as consumer spending methods continue to shift away from cash.

They have expanded beyond their core non-cash payment origins to host a growing portfolio of banking and other services, which include e-commerce, developing a consumer cash transfer app (Square Cash), built a payroll management cloud-based software service, and launched a lending business.

In 2018, their revenue grew 50% to $3.3 billion. And they also have over $1 billion in cash on hand.

Their well-laid groundwork seems poised for tremendous growth in the coming years as their nascent businesses scale across multiple verticals. Interestingly, many of these verticals have very high margins, which could translate to significant profit growth in the long term.

In other words, Square seems poised to become a very important disruptive player in the financial services markets.

After reading and analyzing related stock market news about them, there are still some concerns, such as, Square's current price-to-sales ratio being presently at 7. Compare that to the S&P 500, which is presently at 2. Relative to other financial-tech firms, however, Square does appear to be financially in line with these others (e.g., Visa and Mastercard are both at 16 of sales).

This board has been created for the purpose of discussing Square’s stock price, future financial prospects, present day results, and the overall merits to its business model within the constantly evolving, very competitive landscape of the fintech industry.

Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
44Square Capital Chief ResigningDa Rookie-October 5
43Smart move. I think you'll get your wish in the next couple of months. Can&J.F. Sebastian-September 28
42Yes, I regret I sold it around $90 ages ago. Right now, I'm selling cash sinspbudget-September 28
41I think it's more like not too many interested in Silicon Investor these dayJ.F. Sebastian-September 28
40Quiet board. Guess not too many interested in SQ, even at close to ATH of $154inspbudget-September 28
39ATH, high of $105.46.Sr K-June 22
38[tweet]SI Ron (Crazy Soup Man)1February 27
37[tweet]SI Ron (Crazy Soup Man)1February 19
36[tweet]SI Ron (Crazy Soup Man)1January 20
35Jack Dorsey: The next decade belongs to Africa as technology ripples through theAmigaComputer-12/18/2019
34There is bullish crossover in MACD and Stochastic oscillator. On watch for clearAlejandroo Green-11/20/2019
33Facebook just rolled out Facebook Pay. This makes them a yet-another competitorAmigaComputer-11/15/2019
32Square profit tops estimates on growth in subscription and services business reGlenn Petersen111/6/2019
31Square will be releasing financial results for the third quarter on November 6. AmigaComputer110/10/2019
30Thanks, Ron. yes, I do have this board marked, and follow it. Not a lot ofinspbudget-9/16/2019
29I don't invest in the market, but I posted the Tweet to keep the board on thSI Ron (Crazy Soup Man)-9/16/2019
28Must admit that SQ has not performed well lately; presently sitting on fairly linspbudget-9/16/2019
27[tweet]SI Ron (Crazy Soup Man)-9/16/2019
26I hope the stock price will recover. The selling of the past few days has been inspbudget-8/11/2019
25I didn't understand the negative reaction to the Caviar sale either. I had nJ.F. Sebastian-8/11/2019
24To me, the sizeable selling off, the day after the disappointing Q2 announcementAmigaComputer18/10/2019
23Yep, not a good time to release a disappointing earnings report or lowered guidaJ.F. Sebastian-8/2/2019
22Seems like a really extreme reaction to lowered guidance. I concur. In a nervouGlenn Petersen18/2/2019
21Seems like a really extreme reaction to lowered guidance. Down 16% even when thinspbudget-8/2/2019
20SQ is down 16% this morning. Square falls 7% after forecasting lower-than-expecGlenn Petersen-8/2/2019
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):